• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
A-View-from-the-Desk
A-View-from-the-Desk

Post-Closing Trial Balance
Post-Closing Trial Balance

... 3) List all account balances in the “Trial Balance” section of the worksheet. (Draw a single Rule under the last account and all the way across the page.) 4) Add the debit column and the credit column at the bottom of the worksheet (both columns should equal) 5) In the “Income Statement” section of ...
Document
Document

... Advanced by a bank May be syndicated to a group of banks Flexible and quick E.g. Term loans, overdrafts, revolvers (a revolving line of credit is a credit commitment of up to an agreed amount for a specified time, to be drawn and repaid as needed) ...
Chapter Seventeen
Chapter Seventeen

Exam questions
Exam questions

Emerging Market Repo
Emerging Market Repo

... For the customer who desires the security of delivery repo without the operational requirements, tri-party repo is the ideal product. It involves the use of a third party custodian who receives the cash directly from the customer and then, on the customer's behalf, monitors the movement of cash and ...
BAF Ch#1 Review Sheet Answers
BAF Ch#1 Review Sheet Answers

A User Perspective, Sixth Canadian Edition (Hoskin, Fizzell
A User Perspective, Sixth Canadian Edition (Hoskin, Fizzell

Investment Trust Guide - Sompo Japan Nipponkoa DC Securities
Investment Trust Guide - Sompo Japan Nipponkoa DC Securities

BlueBay Investment Grade Bond Fund
BlueBay Investment Grade Bond Fund

... 3. Risk statistics are annualized and calculated using weekly data points since inception. Risk statistics will be produced once there are 3 complete months of data available; for meaningful results a minimum sample of 36 data points is recommended and where history is less than 3 years caution shou ...
Monetary Policy : Instruments and Types
Monetary Policy : Instruments and Types

... Rather, they want to reduce their inventories by repaying loans already drawn from the banks. Moreover, the question of borrowing for long-term capital needs does not arise in a depression when the business activity is already at a very low level. The same is the case with consumers who faced with u ...
Fails EL3 - Centre for Applied Macroeconomic Analysis
Fails EL3 - Centre for Applied Macroeconomic Analysis

Fixed Term Deposit interest rates
Fixed Term Deposit interest rates

... In the circumstance St.George is unable to release the Fixed Term Deposit on the maturity date, St.George will pay interest on the Fixed Term Deposit amount at the Grace Period Rate for the period from date of maturity to the date of redemption to the Manager. The Manager will pass on the interest a ...
Speech to the University of California San Diego Economics Roundtable
Speech to the University of California San Diego Economics Roundtable

1 Introduction 2 Analytical Framework
1 Introduction 2 Analytical Framework

... However, rj , K j and ε̄j are firm-specific and must satisfy equations (1) and (2). In making its investment (that is, K j − (1 − δ)K0j ) and its financing (loan contract) decisions, the firm takes these constraints into account. Since these decisions are made before ε is known, that is, when all fi ...
Multi-Seller Commercial Paper - Dorris - Artic
Multi-Seller Commercial Paper - Dorris - Artic

... rating of the conduit’s commercial paper notes. Program-wide credit enhancement is built into the structure of the multi-seller CP conduit. The organizational documents of the conduit set forth the required facilities. Such facilities are constructed so they will be available to be drawn to cover lo ...
UNITED THERAPEUTICS Corp (Form: 4, Received: 02/13/2017 17
UNITED THERAPEUTICS Corp (Form: 4, Received: 02/13/2017 17

... This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the ...
Municipal Bonds and the Importance of Credit Quality
Municipal Bonds and the Importance of Credit Quality

... In February, American Airlines parent company AMR Corp. asked a bankruptcy judge to permit AMR to stop payments on $1 billion of airport special facilities bonds for the Dallas-Fort Worth International and Alliance Airport. American Airlines filed for bankruptcy in November 2011. It remains unclear ...
Fair value of financial instruments Amortized cost of financial
Fair value of financial instruments Amortized cost of financial

... particular security is considered relating to factors including, but not limited to, evidence of significant financial difficulty of the issuer and breach of contractual obligations of the security, such as a default or delinquency on interest or principal payments. The A ­ llianz Group also conside ...
Investing in Bond Funds
Investing in Bond Funds

... look at return relative to the market. For example, you hear that fund X has beaten the market by 4.3% in 2012. Hedge funds tend to look at absolute, as opposed to relative, return: they strive to earn a certain return each year (let’s say, 20%), regardless of how the market performs. Hedge fund adv ...
MDM example - IBLF Russia
MDM example - IBLF Russia

...  Banking offer should be understandable and transparent to the client – besides interest rate, each commission should be clearly stated on paper and the client should understand in advance how much he will really pay ...
Dry Associates Investment Newsletter
Dry Associates Investment Newsletter

... lowering corporate income taxes from the current 35% to say, 20% or 25% and implementing a tax holiday for repatriating an estimated $1 trillion held by American firms outside the US, the lower tax rate should boost corporate earnings and some of the repatriated money would likely be used for stock ...
Developing a Business Plan for the Start-up Law Firm
Developing a Business Plan for the Start-up Law Firm

... measured. For example, in a pure cash format, the only asset is cash and it is offset by equity.  All cash transactions are recorded as receipts or disbursements and any non‐cash financial  transactions are not recorded.  ...
TIAA-CREF mutual funds CHOOSE THE RIGHT INVESTMENT
TIAA-CREF mutual funds CHOOSE THE RIGHT INVESTMENT

Emerging Markets Local Currency
Emerging Markets Local Currency

... any investment or strategy is suitable or appropriate to you. The value of any investment may fluctuate. Past performance is not indicative of future results. Specific sectors mentioned do not represent all sectors in which AUIM seeks investments. It should not be assumed that investments of securit ...
< 1 ... 185 186 187 188 189 190 191 192 193 ... 257 >

Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report